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Jan 22, 2013
01/13
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house gop members are backing off a requirement to cut $1 of spending for every dollar the debt ceiling has raised. it's a move the president has demanded. >> i do believe it is a recognition of political reality. i think we realize the president won the election. >> reporter: but republicans on capitol hill are not voting to raise the debt ceiling without getting something in return. they say in order to approve a highe debt limit, they want senate democrats to do something they haven't done in four years -- pass a budget. >> for us to have a debate about spending and debt, we've got to have the focus be on a budget and what we're going to do to achieve a balanced budget over time. >> reporter: senate democrats view the vote as an opportunity to raise more money for taxes. >> it's going to be a great opportunity for us. in our budget we lift budget reform which many of my republican colleagues like, but it's going to include revenues. >> reporter: the house is expected to approve the debt limit increase tomorrow. no dollar amount specifically is in the bill, but the legislation is expe
house gop members are backing off a requirement to cut $1 of spending for every dollar the debt ceiling has raised. it's a move the president has demanded. >> i do believe it is a recognition of political reality. i think we realize the president won the election. >> reporter: but republicans on capitol hill are not voting to raise the debt ceiling without getting something in return. they say in order to approve a highe debt limit, they want senate democrats to do something they...
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Jan 22, 2013
01/13
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>> they took a baby step with this debt ceiling thing saying you pass a budget. the next step is to say, okay, as part of a program of fiscal responsibility, we have to do something about this going forward. the reality is, republicans do not have much leverage. they lack the courage of their own convictions. they are scared silly because they think they will lose elections that way. dagen: what is the game plan down the road, though? will they just wait until we are on the verge of these programs starting to run out of at least some money and then they will raise taxes on wealthier people to fund them? there has to be a long game plan >> you are talking about these politicians acting like adults and thinking long-term. i do not think there is a long-term game plan when it comes to dealing with entitlements. connell: paul krugman wrote a big piece about that. we do not have to do with it now, just put it off. >> just think about the debate that we are having right now. democrats are saying we need to raise taxes for government spending. it is medicare, social sec
>> they took a baby step with this debt ceiling thing saying you pass a budget. the next step is to say, okay, as part of a program of fiscal responsibility, we have to do something about this going forward. the reality is, republicans do not have much leverage. they lack the courage of their own convictions. they are scared silly because they think they will lose elections that way. dagen: what is the game plan down the road, though? will they just wait until we are on the verge of these...
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Jan 22, 2013
01/13
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he was clearly referring to the fact that they've moved off the fight on the debt ceiling a few months. he believes he can deal with them and, as you heard, get some kind of grand bargain. i need to be convinced of that, wolf. >> part two of your interview coming up later. >> he tells us, how does he know when the president is mad at him. >> interesting to see that. thank you. good work. >>> in a moment, the latest on the breaking news we've been following a shooting at a community college in houston, texas. there's going to be a news conference from the sheriff there. we'll update you with what is going on. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. at liberty mutual insurance, we understand. that's why our auto policies come with accident forgiveness if you qualify, where your rates won't go up due to your first accident, and new car replacement, where, if you total your new car, we give you the money for a new one. call... to talk to an insurance expert about everything else that comes standard with our base auto policy. and
he was clearly referring to the fact that they've moved off the fight on the debt ceiling a few months. he believes he can deal with them and, as you heard, get some kind of grand bargain. i need to be convinced of that, wolf. >> part two of your interview coming up later. >> he tells us, how does he know when the president is mad at him. >> interesting to see that. thank you. good work. >>> in a moment, the latest on the breaking news we've been following a shooting...
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Jan 22, 2013
01/13
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guest: the debt ceiling is set to expire $6.4 trillion. we need to raise the nation's are one limits. republicans do not like that idea without having spending cuts. they have come up with a plan to extend it for a few months until may. if the democrats in the senate have not reduce a budget with spending cuts, they will set aside the pay of members of congress. it is a tricky maneuver on their part. their goal is to get senate democrats to pass this. the senate has been unable to pass a budget for the past four years. it will be a days off between the parties over the debt limit. we will get a good look at that legislation. host: senate democrats said they will pats a budget. guest: it may not include the spending cuts republicans are looking or. host: larry, san diego, democratic caller. caller: i disagree with your host that after 18 months or two years obama will no longer be effect it. -- effective. when that the house. he may be able to do more in his last two years and his last four years. guest: if the democrats can take back the h
guest: the debt ceiling is set to expire $6.4 trillion. we need to raise the nation's are one limits. republicans do not like that idea without having spending cuts. they have come up with a plan to extend it for a few months until may. if the democrats in the senate have not reduce a budget with spending cuts, they will set aside the pay of members of congress. it is a tricky maneuver on their part. their goal is to get senate democrats to pass this. the senate has been unable to pass a budget...
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Jan 22, 2013
01/13
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the debt ceiling debate is in the spotlight. as kyla campbell reports there's an important meeting planned today and a vote planned for tomorrow. >> reporter: mike thompson is part of a house committee holding a meeting today on the debt ceiling. they are taking a look at how the past has voted to raise the limit. the committee is examining the constitution to see if it provides options for the president when the deal is reached. tomorrow, the house will vote on increasing the debt ceiling so the u.s. can pay its bills through may. if congress approves, pressure falls on senate democrats to pass their first budget in four years. without one there could be a partial government shut down at the end of march. congressman mike honda is making a pitch. i will explain his proposal when i see you next. back to you. >> thank you. >>> great economic news just coming in right now. u.s. home sales rose to a five- year high last year. that should bode well for the markets. dow jones is down a little bit. right now, the nasdaq also down, but
the debt ceiling debate is in the spotlight. as kyla campbell reports there's an important meeting planned today and a vote planned for tomorrow. >> reporter: mike thompson is part of a house committee holding a meeting today on the debt ceiling. they are taking a look at how the past has voted to raise the limit. the committee is examining the constitution to see if it provides options for the president when the deal is reached. tomorrow, the house will vote on increasing the debt...
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Jan 22, 2013
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that delays the debt ceiling increase or increases the debt ceiling really until may 19th. it is contingent upon both houses of congress passing a budget or members of congress won't receive their paychecks, something the house votes on tomorrow. back to you. ashley: rich edson in d.c.. rich, thanks very much. tracy: well, president obama touched on many subjects in his inaugural address yesterday including immigration reforms, equal pay for women, and gay rights and climate change but there was one big, glaring omission. he failed to address the nation's current 7.8% unemployment rate. i'm not really sure how you could miss that actually. a big question to the speechwriters with that one. but important milestones coming up in the protracted fiscal negotiations including big vote tomorrow on the house to temporarily extend the debt ceiling now. many americans are wondering what legislators plan to do about jobs. joining us from both sides of the aisle, republican congressman trey gowdy from south carolina and democratic congresswoman jan schakowsky from illinois. congresswo
that delays the debt ceiling increase or increases the debt ceiling really until may 19th. it is contingent upon both houses of congress passing a budget or members of congress won't receive their paychecks, something the house votes on tomorrow. back to you. ashley: rich edson in d.c.. rich, thanks very much. tracy: well, president obama touched on many subjects in his inaugural address yesterday including immigration reforms, equal pay for women, and gay rights and climate change but there...
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Jan 22, 2013
01/13
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republicans said we don't want to raise the debt ceiling. president obama said i'm not going to bargain with the debt ceiling and republicans in congress are going to vote to raise temporarily the debt ceiling on wednesday. it seems the president has the upper hand, and maybe that's why his speech was so darned tough. >> well, look, there's no doubt that being the president of the united states gives you the biggest bully pulpit there is in the nation, and i think he realized that and he is using it. part of that speech yesterday talked about taking it to the citizens and having the citizens continue being part of this process and pushing, but you know, with the debt ceiling, i think republicans were actually trying to extend an olive branch and found themselves rebuffed yesterday. if we had said pick the most controversial, divisive issues in the country right now, they are the issues that president obama chose to speak of yesterday. he's got a state of the union coming up in a couple of weeks. i would have expected that that would be a pla
republicans said we don't want to raise the debt ceiling. president obama said i'm not going to bargain with the debt ceiling and republicans in congress are going to vote to raise temporarily the debt ceiling on wednesday. it seems the president has the upper hand, and maybe that's why his speech was so darned tough. >> well, look, there's no doubt that being the president of the united states gives you the biggest bully pulpit there is in the nation, and i think he realized that and he...
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Jan 22, 2013
01/13
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big story here congressional action on the debt ceiling. tonight on "special report" we are one day away from a vote on a house republican bill to increase the country's bar rowing limit for four months. one of the strings attached is a sus specific of lawmakers' pay if they do not approve a budget by april 15. the politics and the policy here. the white house is not giving te tails on how president obama plans to fulfill the promises he made in the inaugust ration speech monday. but he will get an opportunity to rule on the controversial keystone xl oil pipeline. the governor of nebraska approved the new proposed route. this is the 40th anniversary of the roe v. wade decision that legalized abortion. we will get a status report on the four-decade long battle. plus a preview of secretary clinton's testimony on benghazi tomorrow and where the survivors of the terrorist attack. "special report" from washington starts at 6:00 eastern. now back to my colleagues at "the five." ♪ ♪ >> dana: most of us know him as prince harry. in the military
big story here congressional action on the debt ceiling. tonight on "special report" we are one day away from a vote on a house republican bill to increase the country's bar rowing limit for four months. one of the strings attached is a sus specific of lawmakers' pay if they do not approve a budget by april 15. the politics and the policy here. the white house is not giving te tails on how president obama plans to fulfill the promises he made in the inaugust ration speech monday. but...
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Jan 22, 2013
01/13
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so president obama will request congress to raise the debt ceiling once again. this is the fifth time the president has -- president obama has requested the debt limit be raised to allow the federal government to borrow and spend more money. but what is the point of even having a debt limit if congress simply extends the treasury's borrowing capacity each time the limit is reached? while some may say that it's irresponsible not to raise the debt limit, our nation finds itself at a point of such indebtedness that it is equally as irresponsible to extend the debt ceiling without significant reductions in federal spending. i voted against an increase to the debt limit two years ago and intend to vote against another increase unless we substantially change the way that government does business by reducing federal spending. in addition to it being alleged that it's irresponsible not to raise the debt ceiling, sometimes it's suggested that it's not compassionate to not spend money. where is the compassion in spending money that we don't have that's being borrowed and
so president obama will request congress to raise the debt ceiling once again. this is the fifth time the president has -- president obama has requested the debt limit be raised to allow the federal government to borrow and spend more money. but what is the point of even having a debt limit if congress simply extends the treasury's borrowing capacity each time the limit is reached? while some may say that it's irresponsible not to raise the debt limit, our nation finds itself at a point of such...
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Jan 22, 2013
01/13
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KRON
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among the constested issues he's facing -- the debt ceiling, and gun control. the president alluded to the challenges ahead in his inaugural adderss speech. >> we must make the hard choices to reduce the health care and the size of our deficit of we do not want it to make the choice of caring for the generation that the share of the country and the generation that will shape this country. >> also address - climate change and equal pay for women. joining us now, kron-4's political analyst micahel yaki. any surprises? >> it was a very bipartisan tone. and your thinking they just have an aggressive agenda. and the young, the u.s., the drive, he was reaching out to them picking up some of the other categories >> mammal he also talked about some " we the people. this new grass-roots advocacy program they are using the same techniques citizens that need it is number one, the gun control legislation. the congressional people's attention and getting it into their faces. >> and also to the gay community and talking about the fourth there has been a lot of criticism. the
among the constested issues he's facing -- the debt ceiling, and gun control. the president alluded to the challenges ahead in his inaugural adderss speech. >> we must make the hard choices to reduce the health care and the size of our deficit of we do not want it to make the choice of caring for the generation that the share of the country and the generation that will shape this country. >> also address - climate change and equal pay for women. joining us now, kron-4's political...
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Jan 22, 2013
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congresses and handle the and whether the president and raise the debt ceiling without congressional approval. live coverage begins at 9:30 eastern on c-span3. >> from the very start, organize militaries have always spent a lot of their time fighting and conventional, your regular warfare. you know what? those terms don't make a heck of a lot of sense. that is one of the big take aways i had from doing six years of reading and research for this book. the way we think about this subject is all messed up. we think that somehow conventional warfare is the norm, the way you modify is to have conventional armies plugging it out in the open but the reality is those of always been the exception. think about more modern world. what was the last conventional war? this is a hard question to answer because it was the russian invasion of georgia in 2008 which didn't last very long and yet all over the world today there are people dying in war whether it is afghanistan or molly or syria or condo or me and our or colombia. all these people are victims being ravaged by unconventional warfare. >> th
congresses and handle the and whether the president and raise the debt ceiling without congressional approval. live coverage begins at 9:30 eastern on c-span3. >> from the very start, organize militaries have always spent a lot of their time fighting and conventional, your regular warfare. you know what? those terms don't make a heck of a lot of sense. that is one of the big take aways i had from doing six years of reading and research for this book. the way we think about this subject is...
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Jan 22, 2013
01/13
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house republicans suspend measure to suspend debt ceiling. until mid may setting the stage for a floor vote as soon as wednesday. they write that the house rules committee posted text of the legislation as washington prepared for president obama's second inauguration. the bill would withhold members' pay if congress fails to pass a budget by april 15. they will hold an emergency meeting to discuss legislation tuesday setting up a vote as soon as wednesday on the house floor. angus is in rose dale, new york on our republican line. go ahead. caller: good evening. i'm sorry. it is agnes. first of all, i would like to thank c-span for giving us such excellent coverage as usual and yes, i am african-american and yes, i am a republican and my parents were republicans and we're from the south. i would like to say that -- a shout out to former president george bush and his family. i love them as well. i hope his family, his father -- they are in our prayers. i saw condoleezza rice today and she was beautiful as usual. i also would like to say that i
house republicans suspend measure to suspend debt ceiling. until mid may setting the stage for a floor vote as soon as wednesday. they write that the house rules committee posted text of the legislation as washington prepared for president obama's second inauguration. the bill would withhold members' pay if congress fails to pass a budget by april 15. they will hold an emergency meeting to discuss legislation tuesday setting up a vote as soon as wednesday on the house floor. angus is in rose...
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Jan 22, 2013
01/13
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. >> congressman, you're going to vote on the debt ceiling. when you make that vote most people believe it's a concession, and you have a new legislative strategy. do you believe you will be able to force a budget by april 15th? >> well, i think the american people expect a more accountable, effective and efficient government. the number one thing all elected officials to do to pass a budget, every household does it. how can you plan for the future how can you do anything the president says he wants to do about investing in the future if you don't have a budget? you can't invest for your kids' college, you can't set aside what you're going to pay for your house payment or anything. the government has to pass one and the senate has not passed one in almost four years. that has caused a lot of the debt and the uncertainty we have today. >> what's going to happen in the house that will force the senate to pass the budget. >> the first thing that will happen is we'll do a short term debt limit increase so it will go to the senate and if the senate
. >> congressman, you're going to vote on the debt ceiling. when you make that vote most people believe it's a concession, and you have a new legislative strategy. do you believe you will be able to force a budget by april 15th? >> well, i think the american people expect a more accountable, effective and efficient government. the number one thing all elected officials to do to pass a budget, every household does it. how can you plan for the future how can you do anything the...
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Jan 22, 2013
01/13
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tomorrow, the house is set to vote to extend that debt ceiling deadline until may 19th. elsewhere, earnings reports will likely influence trades today. dupont, johnson & johnson, and ibm all report today. natalie? >> courtney regan at the new tock exchange, thank you. >>> the u.s. education department says it takes more than the standard four years for more than 20% of students to ini finish and get their deemployee mas. they credit the rise in graduation rate for the stiff competition for limited jobs. >>> an analysis of marrs' mclaughlin crater has scientists investigating new evidence that there was water on the red planet. using data from the mars reconnaissance orbiter, it may once have been a lake fed by an underground water supply. the findings are published in "nature geo science" and may push the search for ancient life on mars underground. >>> off-duty police officer in madrid is being credited as a hero this morning after rescuing a woman who fainted and fell on the city's subway tracks. the officer leaped into action and pulled the 52-year-old woman to safety
tomorrow, the house is set to vote to extend that debt ceiling deadline until may 19th. elsewhere, earnings reports will likely influence trades today. dupont, johnson & johnson, and ibm all report today. natalie? >> courtney regan at the new tock exchange, thank you. >>> the u.s. education department says it takes more than the standard four years for more than 20% of students to ini finish and get their deemployee mas. they credit the rise in graduation rate for the stiff...